The SATCOM equipment market for space is projected to develop from USD 2.8 billion out of 2019 to USD 7.0 billion by 2025, at a CAGR of 16.8% from 2019 to 2025. One of the central point expected to fuel the market development incorporates the rising send off of satellites for different applications, like route, correspondence, Earth perception, and remote detecting.
MnM helped a worldwide producer of high-esteem printed circuit sheets to distinguish ~USD 40 million market potential by taking advantage of the SATCOM Equipment Market for Space across the globe.
By satellite sort, the CubeSat (0.25U-27U) fragment is projected to develop at the most elevated CAGR during the estimate time frame.
By satellite kind, the CubeSat (0.25U — 27U) section of the SATCOM equipment market for space is projected to develop at the most elevated CAGR from 2019 to 2025. CubeSats are utilized for various applications, including testing new innovations for space missions. A greater part of the CubeSats sent off is utilized for Earth perception and remote detecting applications. An ascent in the interest for Earth perception applications is supposed to drive the development of the CubeSat (0.25U-27U) fragment during the conjecture time frame.
By end client, the business section is supposed to lead the market from 2019 to 2025.
In view of end client, the SATCOM equipment market for space has been portioned into business, government and military, and business, government, and military. The business fragment is supposed to lead the market because of the rising send off of satellites for correspondence, Earth perception, and route.
By application, the Earth perception and remote detecting section is projected to develop at the most noteworthy CAGR from 2019 to 2025.
In view of utilization, the SATCOM equipment market for space has been fragmented into Earth perception and remote detecting, correspondence, logical examination and investigation, route, and others. The Earth perception and remote detecting section is projected to develop at the most noteworthy CAGR during the estimate time frame. There is an expansion popular for Earth perception, worldwide availability, route, and correspondence, among others. This request is supposed to fundamentally affect the market for SATCOM equipment for space.
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